Reported Earnings • Apr 17
Full year 2025 earnings released: CN¥0.067 loss per share (vs CN¥0.035 loss in FY 2024) Full year 2025 results: CN¥0.067 loss per share (further deteriorated from CN¥0.035 loss in FY 2024). Net loss: CN¥103.4m (loss widened 92% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 42% per year, which means it has not declined as severely as earnings. Tillkännagivande • Apr 14
Leader Environmental Technologies Limited, Annual General Meeting, Apr 28, 2026 Leader Environmental Technologies Limited, Annual General Meeting, Apr 28, 2026, at 10:00 Singapore Standard Time. Location: novotel singapore on stevens, draco room, 28 stevens road, singapore 257878, Singapore Reported Earnings • Mar 03
Full year 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.035 loss in FY 2024) Full year 2025 results: EPS: CN¥0.14 (up from CN¥0.035 loss in FY 2024). Net income: CN¥215.2m (up CN¥269.0m from FY 2024). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings. New Risk • Feb 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥57m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 8.9% per year over the past 5 years. Revenue is less than US$1m (CN¥4.4m revenue, or US$642k). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (S$15.3m market cap, or US$12.1m). New Risk • Feb 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Singaporean stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥57m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 8.9% per year over the past 5 years. Revenue is less than US$1m (CN¥4.4m revenue, or US$638k). Minor Risk Market cap is less than US$100m (S$20.0m market cap, or US$15.7m). New Risk • Aug 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥57m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥57m free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 10% per year over the past 5 years. Revenue is less than US$1m (CN¥4.4m revenue, or US$620k). Minor Risk Market cap is less than US$100m (S$35.3m market cap, or US$27.5m). New Risk • Aug 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Singaporean stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 0.4% per year over the past 5 years. Revenue is less than US$1m (CN¥7.0m revenue, or US$975k). Minor Risk Market cap is less than US$100m (S$27.6m market cap, or US$21.3m). Reported Earnings • Apr 16
Full year 2024 earnings released: CN¥0.035 loss per share (vs CN¥0.022 loss in FY 2023) Full year 2024 results: CN¥0.035 loss per share (further deteriorated from CN¥0.022 loss in FY 2023). Net loss: CN¥53.8m (loss widened 59% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Tillkännagivande • Apr 09
Leader Environmental Technologies Limited, Annual General Meeting, Apr 29, 2025 Leader Environmental Technologies Limited, Annual General Meeting, Apr 29, 2025, at 10:30 Singapore Standard Time. Location: novotel singapore on stevens, draco room, 28 stevens road, singapore 257878, Singapore Reported Earnings • Feb 26
Full year 2024 earnings released: CN¥0.035 loss per share (vs CN¥0.027 loss in FY 2023) Full year 2024 results: CN¥0.035 loss per share (further deteriorated from CN¥0.027 loss in FY 2023). Net loss: CN¥53.8m (loss widened 29% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. New Risk • Feb 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.2% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Revenue is less than US$5m (CN¥36m revenue, or US$5.0m). Market cap is less than US$100m (S$62.9m market cap, or US$47.1m). New Risk • Jan 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.2% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Revenue is less than US$5m (CN¥36m revenue, or US$4.9m). Market cap is less than US$100m (S$59.9m market cap, or US$43.7m). New Risk • Nov 12
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: CN¥36m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.2% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Revenue is less than US$5m (CN¥36m revenue, or US$5.0m). Market cap is less than US$100m (S$73.7m market cap, or US$55.1m). Tillkännagivande • Sep 23
Leader Environmental Technologies Limited Announces Changes of Company Secretary The Board of Directors of Leader Environmental Technologies Limited announced the resignation of Ms Lai Foon Kuen as Company Secretary of the Company and in her place, the appointment of Ms Low Mei Mei, Maureen as Company Secretary of the Company with immediate effect. Following the above mentioned resignation, the Joint Company Secretaries of the Company will be Mr. Dominic Tan Wei Yao and Ms Low Mei Mei, Maureen. Reported Earnings • Aug 12
First half 2024 earnings released: CN¥0.007 loss per share (vs CN¥0.014 loss in 1H 2023) First half 2024 results: CN¥0.007 loss per share (improved from CN¥0.014 loss in 1H 2023). Revenue: CN¥8.52m (up 56% from 1H 2023). Net loss: CN¥11.2m (loss narrowed 50% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 16
Full year 2023 earnings released: CN¥0.027 loss per share (vs CN¥0.01 loss in FY 2022) Full year 2023 results: CN¥0.027 loss per share (further deteriorated from CN¥0.01 loss in FY 2022). Revenue: CN¥33.0m (down 41% from FY 2022). Net loss: CN¥41.8m (loss widened 162% from FY 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Tillkännagivande • Apr 13
Leader Environmental Technologies Limited, Annual General Meeting, Apr 29, 2024 Leader Environmental Technologies Limited, Annual General Meeting, Apr 29, 2024, at 10:00 Singapore Standard Time. Location: Novotel Singapore on Stevens, Draco Room, 28 Stevens Road Singapore Singapore Agenda: To consider Adoption of the Directors' Statement and audited financial statements for the financial year ended 31 December 2023 together with the Auditors' report thereon;to consider Re-election of Directors of the Company; to consider Approval of proposed Directors' fees up to S$221,667 for the financial year ending 31 December 2024 to be paid quarterly basis in arrears;to consider Re-appointment of Messrs Foo Kon Tan LLP as external auditors of the Company;to consider Authority for Directors to allot and issue shares pursuant to Section 161 of the Companies Act 1967; to consider Authority for Directors to issue shares under Leader Environmental Technologies Share Option Scheme; to consider Authority for Directors to grant awards and issue shares pursuant to the Leader Environmental Technologies Share Award Plan. Tillkännagivande • Feb 28
Leader Environmental Technologies Limited Appoints Ng Wun Jern as Independent Non-Executive Director Member of the Remuneration Committee, the Audit Committee and the Nominating Committee Leader Environmental Technologies Limited announced the appointment of Ng Wun Jern as Independent Non-Executive Director Member of the Remuneration Committee, the Audit Committee and the Nominating Committee r, effective from Feb. 26, 2024. Working Experience: 1. Executive Director, Nanyang Environment & Water Research Institute (NEWRI) - 2007 to 2017 2. Scientific advisor, Ministry of Sustainability and the Environment - Annual renewal & continuing in 2024 3. Member, Committee of Government Scientific Advisors, NRF, Singapore - Annual renewal & continuing in 2024. 4. Member, Technology Advisory Panel, NSL LTD. - Annual renewal & continuing in 2024. 5. Scientific Advisor (wastewater treatment processes), NSL Oilchem & Waste Management Pte Ltd. - Annual renewal & continuing in 2024. 6. Chairman, Technical Expert Panel (incinerator ash), National Environment Agency - Annual renewal & continuing in 2024. 7. Scientific Advisor (wastewater treatment processes), Biolion Pte Ltd. (operations in China) - Annual renewal & continuing in 2024. 8. Scientific Advisor (sludge management), SK Envirotech Pte Ltd. - Annual renewal & continuing in 2024. 9. Scientific advisor, Leader Environmental Technologies Limited - ended in 2024 10. Chairman, Advisory Panel, Economic & Energy Authority, UAE - ended in 2024. 11. Chairman, Keppel Technology Advisory Panel - ended in 2024. 12. Member, Advisory Panel, The Water Institute, Canada - ended in 2023. 13. Dean, College of Engineering at Nanyang Technological University - ended in 2015 14. Distinguished Professor, Universiti Kebangsaan, Malaysia - ended in 2021. Reported Earnings • Feb 27
Full year 2023 earnings released: CN¥0.027 loss per share (vs CN¥0.01 loss in FY 2022) Full year 2023 results: CN¥0.027 loss per share (further deteriorated from CN¥0.01 loss in FY 2022). Revenue: CN¥33.0m (down 63% from FY 2022). Net loss: CN¥41.8m (loss widened 162% from FY 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. New Risk • Nov 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (S$84.4m market cap, or US$63.2m). Tillkännagivande • Sep 22
Gansu Zhengbo Stone Co., Ltd entered into a sale and purchase agreement to acquire Jilin Anjie Environmental Engineering Co., Ltd. from Leader Environmental Technologies Limited (SGX:LS9) for approximately CNY 6.6 million. Gansu Zhengbo Stone Co., Ltd entered into a sale and purchase agreement to acquire Jilin Anjie Environmental Engineering Co., Ltd. from Leader Environmental Technologies Limited (SGX:LS9) for approximately CNY 6.6 million on September 21, 2023. Tillkännagivande • Sep 02
Leader Environmental Technologies Limited Announces the Resignation of Lim Poh Yeow as Chief Financial Officer Leader Environmental Technologies Limited announced the resignation of Lim Poh Yeow as chief financial officer, due to health reason. Reported Earnings • Aug 16
First half 2023 earnings released: CN¥0.014 loss per share (vs CN¥0.003 loss in 1H 2022) First half 2023 results: CN¥0.014 loss per share (further deteriorated from CN¥0.003 loss in 1H 2022). Revenue: CN¥5.46m (down 78% from 1H 2022). Net loss: CN¥22.2m (loss widened 321% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jun 29
Leader Environmental Technologies Limited Provides an Update on the Development of the Group's Artificial Intelligence Water Management System The board of directors of Leader Environmental Technologies Limited provided an update on the development of the Group's Artificial Intelligence Water Management System ("AIWater"). Since the last business update on 21 April 2023, the Group has successfully secured four projects in Shandong province and Zhejiang province, China which will implement AIWater to manage 500,000 tons/day of municipal and industrial wastewater. The projects were secured via Environment Resource Management Contracts ("ERMCs") for tenures ranging from 6 to 10 years. Under the terms of ERMCs, the Group will earn a share of the cost savings arising from the implementation of AIWater on the existing wastewater treatment plants ("WWTPs"). These ERMCs provide the Group with long-term recurring incomes with minimal capital investments. Based on past experience of operating AIWater, the Group expects a reduction of electricity consumption by approximately 10%, chemical consumption by approximately 40%, and overall operating cost by approximately 10% to 20%. This will translate to reduction of carbon emission by approximately 200 tons per ten thousand tons of wastewater treated annually. The Group has developed its patented AIWater by integrating AI technology, technical and operational know-hows, and experiences of operating WWTPs. AIWater has demonstrated cost savings in optimising the operations of the WWTPs to achieve low-carbon and efficient operation while maintaining stability and regulatory compliance. The Company believes technology is key to the sustainable growth of its business. Reported Earnings • Apr 16
Full year 2022 earnings released: CN¥0.01 loss per share (vs CN¥0.004 profit in FY 2021) Full year 2022 results: CN¥0.01 loss per share (down from CN¥0.004 profit in FY 2021). Revenue: CN¥90.1m (up 81% from FY 2021). Net loss: CN¥15.9m (down 373% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 02
Full year 2022 earnings released: CN¥0.01 loss per share (vs CN¥0.004 profit in FY 2021) Full year 2022 results: CN¥0.01 loss per share (down from CN¥0.004 profit in FY 2021). Revenue: CN¥90.1m (up 81% from FY 2021). Net loss: CN¥15.9m (down 373% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Independent Non-Executive Director Andrew Mak is the most experienced director on the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Tillkännagivande • Oct 13
Leader Environmental Technologies Limited announced that it expects to receive $15 million in funding from China Innovision Capital Leader Environmental Technologies Limited announced that it has entered into m agreement for a private placement of convertible bond for proceeds of $15,000,000 on October 11, 2022. The transaction will include participation from new investor InnoVision Pomelo LP, a special purpose vehicle established and managed by China Innovision Capital. The bonds are zero-coupon and has a 3-year tenure with an option for the Company to extend the maturity date by a further 2 years or lesser. The bonds are convertible into equity shares at an fixed conversion price of $0.10 per share. Reported Earnings • Aug 15
First half 2022 earnings released: CN¥0.003 loss per share (vs CN¥0.005 profit in 1H 2021) First half 2022 results: CN¥0.003 loss per share (down from CN¥0.005 profit in 1H 2021). Revenue: CN¥25.2m (down 13% from 1H 2021). Net loss: CN¥5.26m (down 174% from profit in 1H 2021). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 83% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 15
First half 2022 earnings released: CN¥0.003 loss per share (vs CN¥0.005 profit in 1H 2021) First half 2022 results: CN¥0.003 loss per share (down from CN¥0.005 profit in 1H 2021). Revenue: CN¥25.2m (down 13% from 1H 2021). Net loss: CN¥5.26m (down 174% from profit in 1H 2021). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 83% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Deputy CEO, Finance Director & Executive Director Lin Fong Ngoo was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 15
Full year 2021 earnings released: EPS: CN¥0.004 (vs CN¥0.061 loss in FY 2020) Full year 2021 results: EPS: CN¥0.004 (up from CN¥0.061 loss in FY 2020). Revenue: CN¥49.9m (up 263% from FY 2020). Net income: CN¥5.84m (up CN¥70.7m from FY 2020). Profit margin: 12% (up from net loss in FY 2020). Tillkännagivande • Apr 12
Leader Environmental Technologies Limited, Annual General Meeting, Apr 28, 2022 Leader Environmental Technologies Limited, Annual General Meeting, Apr 28, 2022, at 15:00 Singapore Standard Time. Agenda: To consider Adoption of the Directors' Statement and audited Financial Statements for the financial year ended 31 December 2021 together with the Auditors' report thereon; to consider Re-election of Mr. Lim Kuan Meng as a Director of the Company; to consider Re-election of Mr. Ngoo Lin Fong as a Director of the Company; to consider Approval of proposed Directors' fees in respect of the Independent Non-Executive Directors and Non-Independent Non-Executive Director of SGD 225,000 for the financial year ending 31 December 2022, and the payment thereof on a quarterly basis in arrears; to consider Re-appointment of Messrs. Foo Kon Tan LLP as external auditors of the Company; and to consider Authority for Directors to allot and issue shares pursuant to Section 161 of the Companies Act, 1967. Tillkännagivande • Apr 11
Leader Environmental Technologies Limited Announces the Retirement of Lin Bai Yin as Non-Independent Non-Executive Director, Effective April 28, 2022 The Board of Directors of Leader Environmental Technologies Limited announced the retirement of Mr. Lin Bai Yin ("Mr. Lin") as Non-Independent Non-Executive Director after the Company's Annual General Meeting ("AGM") held on 28 April 2022. Reported Earnings • Feb 27
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: CN¥0.004 (up from CN¥0.061 loss in FY 2020). Revenue: CN¥49.9m (up 263% from FY 2020). Net income: CN¥5.84m (up CN¥70.7m from FY 2020). Profit margin: 12% (up from net loss in FY 2020). Revenue missed analyst estimates by 19%. Board Change • Jan 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Deputy CEO, Finance Director & Executive Director Lin Fong Ngoo was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Deputy CEO, Finance Director & Executive Director Lin Fong Ngoo was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Executive Departure • May 29
Joint Company Secretary has left the company On the 21st of May, Yeoh Choo's tenure as Joint Company Secretary ended after 5.0 years in the role. We don't have any record of a personal shareholding under Yeoh's name. A total of 2 executives have left over the last 12 months. Recent Insider Transactions • May 07
CEO & Executive Chairman recently bought S$808k worth of stock On the 5th of May, Yucheng Lin bought around 6m shares on-market at roughly S$0.14 per share. This was the largest purchase by an insider in the last 3 months. This was Yucheng's only on-market trade for the last 12 months. Reported Earnings • Apr 19
Full year 2020 earnings released: CN¥0.061 loss per share (vs CN¥0.039 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: CN¥13.7m (down 63% from FY 2019). Net loss: CN¥64.9m (loss widened 169% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 168 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 02
Full year 2020 earnings released The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: CN¥13.7m (down 63% from FY 2019). Net loss: CN¥65.0m (loss widened 170% from FY 2019). Tillkännagivande • Jan 29
Leader Environmental Technologies Limited Secured Maiden BOT Contract to Treat Municipal Sludge in Tianjin City, China The Board of Directors of Leader Environmental Technologies Limited announced that the company has secured a RMB 62.47 million (approximately SGD 12.7 million) Build-Operate-Transfer ("BOT") contract to treat the municipal sludge from the wastewater treatment plants in Jinghai District, Tianjin City. The company will form a subsidiary with ("Tianjin Capital Water Co., Ltd"), with shareholdings of 90% and 10% respectively, to undertake the BOT contract with an exclusive concession of 25 years. The company will provide technology and design, and construct a 100 tons/day municipal sludge treatment facility using the company's proprietary technologies, namely, the integrated continuous thermal hydrolysis and pyrolysis, and innovative sludge pretreatment and efficient energy recovery system to achieve the objectives of zero-waste discharge and resource recovery. The construction of the project is scheduled to be completed within one year and will contribute positively to the revenue of the company for the financial year ending 31 December 2021. None of the directors or controlling shareholders of the Company has any interest, direct or indirect, in the project. Tillkännagivande • Jan 19
Leader Environmental Technologies Ltd Enters into Joint Venture Agreement with Nanosun Pte Ltd to Set Up High Performance Membrane Manufacturing Facilities in Singapore and China The Board of Directors of Leader Environmental Technologies Ltd. announced that the company has entered into a joint venture agreement with Nanosun Pte Ltd. to set up high performance membrane manufacturing facilities in Singapore and China. The Company will own 60% of the JV and the remaining 40% will be owned by Nanosun. The total investment is approximately SGD 10 million. The facilities are expected to be completed in 12 months and will produce membrane products by the end of 2021. Tillkännagivande • Jan 08
United Greentech (Tianjin) Co., Ltd, a Subsidiary of Leader Environmental Technologies Limited Secures RMB 56.5 Million Contract to Treat and Recycle Industrial Wastewater in Hebei, China The Board of Directors of Leader Environmental Technologies Limited announced that the Company's wholly-owned subsidiary, United Greentech (Tianjin) Co. Ltd., has secured a RMB 56.5 million (approximately SGD 11.5 million) design, supply and commissioning contract for the treatment and recycling of industrial wastewater at Shijiazhuang National Economic Development Zone. The Development Zone houses mainly bio-medical and related industries. Under the scope of the DSC contract, the Company will provide technology, and supply and commission membrane system and key equipment to upgrade the current 100,000 m3/day wastewater treatment facilities to meet higher discharge standards and to reuse the treated wastewater in the Development Zone. The upgrading work involves the application of advanced membrane-based technologies, including Continuous Membrane Filtration ("CMF") and Reverse Osmosis ("RO"), in the treatment processes. The project is scheduled to be completed within 180 days and will contribute positively to the revenue of the Company for the financial year ending 31 December 2021. Tillkännagivande • Dec 29
Leader Environmental Technologies Limited Appoints Dr. Lin Yucheng as Chief Executive Officer, with Effect from January 01, 2021 The board of directors of Leader Environmental Technologies Limited announced the appointment of Dr. Lin Yucheng as the Executive Chairman and Chief Executive Officer of the Company with effect from 1 January 2021. Dr. Lin is an entrepreneur who founded and invested in a spectrum of environment-related businesses in the last 30 years. He founded CITIC Envirotech Ltd. (CEL, formerly known as United Envirotech Ltd. which was listed on the mainboard of the Singapore Exchange in 2004) and successfully groomed it into a billion-dollar market capitalization company. Under his leadership, CEL became a fully integrated environmental solution provider and attracted the support of world-class investors such as KKR and the CITIC Group. Dr. Lin's success and vast experience in the environmental business will bring keen insights and fresh perspectives to the Group. The Board is confident that his appointment as Executive Chairman will spur new developments and add further depth and diversity to the Board's collective experience and skills. He was the Advisor to the Singapore government on Singapore's environment and water industry. In addition, the Board also appoints Mr. Lim Kuan Meng, currently an Independent Non-Executive Director and the Chairman of the Audit Committee, to assume the role of the Lead Independent Non-Executive Director of the company. Mr. Lin Baiyin will relinquish his role as Chairman and Chief Executive Officer, and remains as an Executive Director of the company. Tillkännagivande • Sep 04
Leader Environmental Technologies Limited has completed a Follow-on Equity Offering in the amount of SGD 8.846508 million. Leader Environmental Technologies Limited has completed a Follow-on Equity Offering in the amount of SGD 8.846508 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 589,767,200
Price\Range: SGD 0.015
Transaction Features: Rights Offering